Sigma Phi Educational Foundation INC EIN 13-3269746 Form 990 (PDF) Claim this org

Sigma Phi Educational Foundation INC

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Sigma Phi Educational Foundation INC is a nonprofit based in Tucson, AZ. For fiscal year 2024 it reported $157K in revenue, $25K in expenses, and $856K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Tucson, AZ
Filings
5 on file (2020–2024)
Revenue
$157KFY2024
Expenses
$25K
Net assets
$856K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-3269746 Public charity (501(c)(3)) Tucson, AZ
Form 990 (PDF)
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Size
$100K–1M
What they do
a nonprofit
Leadership
Daniel P Neumann · Vice President
Money in and out
$157K revenue, $25K expenses
Bottom line
10% program efficiency
Where the money goes · FY2024
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$25K
Pt IX · Ln 25
Net assets
$856K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $133K
Where spending went · Part IX cols B–D
Program services $0.10 Management & general $0.84 Fundraising $0.06
Program efficiency
10%
of spending reaches programs▼ -77% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+84%
revenue over expenses, this year▲ +37% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$157K
FY2024▲ +63%
Expenses
$25K
FY2024▼ -33%
Total assets
$856K
FY2024▲ +35%
Total liabilities
$0
FY2024
Total revenue
$157K
Pt VIII · Ln 12
Total expenses
$25K
Pt IX · Ln 25
Net assets
$856K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$133K
Total assetsPt X · Ln 16$856K
Program-expense ratioPt IX · col B10%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSigma Phi Educational Foundation INC
EINHdr · item D13-3269746
Principal addressHdr · item CTucson, AZ
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $3K of program spending, described in the organization's own filed words · FY2024.
01

Education

$3Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$117K · 74%
Investment income$41K · 26%
Contributions & grants74%$117K
Investment income26%$41K
Total revenueLn 12$157K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.10 Management & general $0.84 Fundraising $0.06
Program services10%$3K
Management & general84%$21K
Fundraising6%$1K
Total functional expensesLn 25$25K

Balance Sheet

Part X · end of year
CashLn 1$59
Total assetsLn 16$856K
Total liabilitiesLn 26$0
Total net assetsLn 32$856K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $59 · Operating expenses/yr $25K
0.0 months
Where the money goes
Program services
Program services $3K · Total expenses $25K
10%
Management & General
Management & general $21K · Total expenses $25K
84%
Fundraising
Fundraising $1K · Total expenses $25K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $63K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $117K · Total revenue $157K
74%
Government reliance
Government grants — · Total revenue $157K
Earned-income share
Program service revenue $0 · Total revenue $157K
0%
Investment reliance
Investment income $41K · Total revenue $157K
+26%
Program self-sufficiency
Program service revenue $0 · Total expenses $25K
0%
Growth & trend
Revenue growth (YoY)
This year $157K · Prior year $96K
+63%
Revenue CAGR
FY2020 $27K · FY2024 $157K
+56%
Net-asset trend (YoY)
End of year $856K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $157K · Expenses $25K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $856K
Net-asset ratio
Net assets $856K · Total assets $856K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $856K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daniel P Neumann · Reported title VICE PRESIDENT · Highest reported compensation $0 · Total expenses $25K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $25K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 10%
Overhead ratio 84%
Fundraising cost ratio 1%
Revenue growth 63%
Accounting fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$157K revenue · viewing · ⤓ 990 PDF
FY2023$96K revenue · ⤓ 990 PDF
FY2022$8K revenue · ⤓ 990 PDF
FY2021$23K revenue · ⤓ 990 PDF
FY2020$27K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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